New Jersey Institute of Technology offers the option to make semester tuition payments on a monthly basis by enrolling in a NJIT Payment Plan. The NJIT Payment Plan allows you to break down your education expenses into manageable installments, rather than one lump-sum payment. With a NJIT Payment Plan you can:

• Spread your payments over a period of months, interest free

• Borrow less – save interest by using current income and savings to make monthly installment payments

Credits – Financial aid, scholarships, grants and waivers will be credited to your account prior to the calculation of payments, and the balance will be evenly distributed amongst the calculated installments.